Derrick Wells decided to start a dental practice. The first five transactions for the business follow.

1. Derrick invested $88,000 cash in the business.
2. Paid $28,000 in cash for equipment.
3. Performed services for cash amounting to $8,800.
4. Paid $3,600 in cash for advertising expense.
5. Paid $2,800 in cash for supplies.

(1) Select which two accounts are affected in each of the above transactions.

(2&3) Post the above transactions into the appropriate T accounts.